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For Beginners HS code How to Import How to export Notifications GST Contact MPO

For Beginners HS code How to Import How to export Notifications GST Contact MPORT EXPORT CODE (IEC) NUMBER October 21, 2015 Category : FAQ ion provided here is part of Online export import training guide 1st April, 2015. Click here to read latest update to obtain IEC number (Importe r Code) as per Foreign Trade Policy 2015-20 d extraction of notification of DGFT on IEC applications online processing and issue of e ationalises online filing of IEC applications online processing and issue of e IECs in digital format General of Foreign T rade has started operationalising online filing of Importer Exporter Code (IEC) s, online processing and issue of e-IECs in digital format. Now new entrepreneurs/exporters/importe e for issue of new IEC from the comfort of their home/IT Kiosk with no more visits to the Regional A red, and upload the documents and pay the required fee through Net banking. rocessing of such applications by Regional Authority of DGFT would be done online (no paper work storage space required and no misplaced documents) and the digitally signed e-IEC (no more IECs d be issued/emailed to the applicants within two working days. application is incomplete or otherwise ineligible, the same shall be rejected and an auto generated l (with reasons for rejection) would be sent to the applicant - within two working days only. There w ficiencies letters' now (no more discretion at the level of RAs and consequent elimination of possible underway to allow/enable payment of fee through Debit/Credit cards, which would further facilitate nce implemented the Online system would be made mandatory. However, till such time payment th t cards is enabled, the existing offline/manual system has also been allowed side by side, in order t cants who do not have Net banking facility. also underway for message exchange/integration of our system with Income T ax department and M Affair for verification of PAN and DIN/CIN details respectively. Once implemented, this would further sing time of e-IEC applications at RA level (possibly one day only). mportant and path breaking initiative by Department of Commerce/DGFT towards "Digital India" vis ster of India and "Ease of Doing Business". IEC code and How to obtain Import Export Code number? ned briefly about Import Export Code number under my article - How to set up an export import firm in India more clarifications about IE code and here, I have included their doubts about IEC number. Read below about Import Expor ODE number used in Export Import business? r IMPORTER EXPORTER CODE which contains 10 digit number issued by Director General of Foreign Trade, Government of India. Exporter Code ? e person/ company starting a venture for International trade of Export and Import. If any foreign transfer on account of busin mport be made without Importer Exporter Code ? s a primary document for recognition by Govt. of India as Exporter / Importer. However, if value of goods is very law, the c permit first export (only one time) by imposing penal charges. here to get guidelines to obtain IEC Application for IEC.pdf benefits of Importer exporter code ? t Code number is the primary proof of a firm as an Exporter/Importer in India. IEC number can be submitted with governm a proof of exporter/importer to obtain various benefits on their exports / imports from DGFT, customs, Export Promotion Co s issued by Directory General of Foreign Trade at each regional offices where the exporter/importer situates. for an Importer Exporter Code? y application for Import Export Code number can be downloaded from DGFT website and follow procedures. Import Export Code application by online? cation can be filed for issue of new Importer Exporter code. ill Aayaat-Niryaat Form after submission of online data ? g application online, take a print out and attach the necessary documents submit. There is no additional requirements for filli documents needed for an Importer Exporter Code application ? e listed below (Please reconfirm with the authorities, as these information can be changed amended time to time) pt / Demand Draft details evidencing payment of application fee of Rs. 1000/-. DD should be in favour of Zonal JDGFT, Ne from the Banker of the applicant firm in the format given in Appendix 18 A (Part B). ed copy of Permanent Account Number (PAN) issued by Income Tax Authorities. of passport size photographs of the applicant. Photograph on the bankers certificate should be attested by the banker of appl sed envelope duly stamped for Rs.25/- (Amount may differ time to time; you may get exact amount from issuing authority) ments may be kept securely in a file cover. rtificate be from any of my current accounts in the same name of firm to apply for IEC number? k certificate should be the bank through which you are going to transact your export import procedures and formalities with f essed and stamped envelope required along with application for Import Export Code number? taining the IEC number is sent to the applicant in such envelope. to attest PAN number from any gazette officers/notary while applying for Import Export Code number? elf attest the copy of PAN, when applying for IEC code number. e for fresh Importer Exporter code Application? ee is Rs. 1000/- which can be paid through Demand Draft / Pay Order to apply for IEC code.(Amount may differ time to tim unt from issuing authority) or Modification in Importer Exporter Code? geable for modification in Importer Exporter Code, if informed within 90 days of such changes. After 90 days, a fee of Rs.10 e for issuance of duplicate Importer Exporter Code ? ble in for D.D./TR. (Amount may differ time to time; you may get exact amount from issuing authority) ber / PAN card is essential in IEC? What are the alternatives? mandatory. Photocopy of PAN card has to be submitted along with the application of IEC. If PAN card is not issued to the app allotment letter from I.T. Department will also be accepted. how PAN Card for verification in IEC? one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are m to a proprietor, the same may be surrendered to the Regional Office for cancellation. to get an IEC after filing application for Import Export Code number ? IEC number is issued within a couple of days, if all documents are in order. However, you can expect IEC number by post and delivered / over the counter? ued are dispatched through Speed Post. mber is sent by mail? horities, this is one of the procedures for address verification of Exporter/Importer. atkal Scheme in Import Export Code number? ned above, the authorities issues Import Export Code number within hours of receipt of proper applications. ays are required to send the data to Customs? tomatically transmitted electronically on the day of issue of IEC. Import Export Code number once again with concerned customs department to do exports and importer? you may cross check and confirm about such electronic transition from DGFT to CUSTOMS about the details of your department use IEC? mber need to be reflected in all customs documents related to exports and imports here to get guidelines to obtain IEC Application for IEC.pdf k their IEC status at Customs on line? IEC (BIN) Status to know the status at Customs. the word “Online” means in IEC? “Online” means that the IEC issued by our office has been accepted by Customs. know the file number of IEC application ? option “Find Your File No, (Fresh IEC)”. he status of IEC application through the website? option “Status of IEC application”. a be modified after submission of application through the website? re submission data can be modified. n applicant (NRI) can apply IEC? llow the normal application procedure. In addition permission from RBI/FIPB is needed in some cases. quited to be submitted for a foreign national for obtaining IEC (documents needed)? tion, Memorandum of Association, copy of Passport are required. s require residence in India to obtain Import Export Code number? er Import Export Code number if I do not wish to operate as Exporter Importer? surrender such Import Export Code number to the concerned authorities. The issuing authority shall cancel such IEC and tra to DGFT and customs authorities. C is received undelivered, what are the documents required for proving the genuineness of the firm? ion to Post Office, copy of Telephone Bill, Electricity Bill, copy of Rent Deed etc. (any one) is required to confirm about the ard’s (both side) is required? tify issuing authority’s address. d authority letter at the time of submission of application of IEC? documents required for issue of Duplicate IEC ? led application form along with application fee of Rs.200/-, a copy of FIR and an affidavit on stamp paper of Rs.10/- duly no ly online for issue of duplicate IEC? to download application for IEC in India Limited Co. / Private Limited Co./ Partnership obtain different IECs for different concerns owned uploads/S4/ iec-license-guide-line.pdf